Adshead-Bell on developers rerating as gold M&A moves down the food chain
(Kitco News) – Nicole Adshead-Bell, director at Cupel Advisory, sat down with Kitco Mining’s Digging Deep to discuss the gold market, saying the constructive upcycle is “definitely in a bull market, but we are not yet seeing the crazy bubble-like behavior”. She also discussed the reopening of financing, including for earlier-stage names. “There are private companies that are coming out raising 8, 9, 10, $12 million,” she said, a sharp contrast with last year’s tighter conditions.
Read moreGold comes off highs after ADP says net 32K jobs were lost in September
(Kitco News) – The gold market is trading lower on Wednesday morning after the latest employment data showed the U.S. labor market continues to deteriorate, according to private sector payrolls processor ADP.On Wednesday, ADP announced that 32,000 jobs were lost in September. The report was far worse than expectations, as consensus forecasts called for job gains of 50,000. August’s figure was unrevised from the initial reading of 54,000 net jobs.
Read moreGold prices holding below record highs as ISM manufacturing PMI contracts for seventh straight month
(Kitco News) – While off its highs, the Gold market is still holding solid gains near its all-time highs as activity in the U.S. manufacturing sector continues to struggle in contraction territory.
Read moreMore price gains for gold, silver on safe-haven demand
(Kitco News) – Gold and silver prices are solidly up in early U.S. trading Wednesday, with gold hitting another record high and silver another 14-year high.
Read more‘Biggest boom in history’ coming after ‘crypto winter,’ warns market veteran Clem Chambers
(Kitco News) – The world is on the verge of the “biggest economic boom since they invented the steam engine,” driven by an Artificial Intelligence revolution.
Read moreBitcoin October 1 daily chart alert – Bullish chart pattern forms
(Kitco News) – Wednesday, October 1–October bitcoin futures prices are higher and hit a nearly two-week high in early U.S. trading Wednesday.
Read moreGold market analysis for October 1 – key intra-day price entry levels for active traders
(Kitco News) – This 5-minute bar chart for Comex gold futures can be a valuable analytical and trading tool for the active intra-day gold futures trader/market watcher.
Read moreErfle on Juniors: “The Switch Is Definitely Flipped On”
(Kitco Mining) The junior mining sector has entered a new phase of momentum, with capital flowing back into equities as gold and silver test new highs, says JuniorMinerJunky.com founder David Erfle.
Read moreGold is going mainstream above $4,000 as investors hedge against rising sovereign debt – BMO Capital Markets
(Kitco News) – The U.S. government is once again on the cusp of a shutdown, bringing renewed focus to the nation’s burgeoning debt. One Canadian bank believes this will be the latest driving force for gold through year-end.
Read moreIndian gold and silver imports double despite sky-high prices to beat higher duties at month-end
(Kitco News) – India’s gold and silver imports nearly doubled from August to September despite record-high prices, according to trade and government sources.Banks and jewelers raced to build up inventories this month ahead of festivals and expected higher taxes on imports at month-end.
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